13F 申报指南13F 概念全攻略
什么是 SEC Form 13F 申报？美股机构大户持股全攻略
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
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CIK: 0001134007
申报总市值
US$18.9亿
US$18.9亿
121 檔
13.2%
在 Q4 2025 申报期间，Next Century Growth Investors LLC（CIK: 0001134007）向美国 SEC 提交的 Form 13F 报告显示，其追踪之股票投资组合总市值达 US$18.9亿，共持有 121 个公开申报仓位。
Next Century Growth Investors LLC 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 17 个全新仓位及加仓 50 档持股的同时，亦同步清仓 20 档并减仓 54 档标的。
在资产配置集中度方面，Next Century Growth Investors LLC 的前 5 大核心持股（包含 ATRO, ATEC, XMTR 等）合计占整体申报市值的 13.2%，反映机构在主要关键仓位上的权重分布。
| # | 代码 | 标的名称 | 资产子类别 | 占比 | 占比变动 | 持仓量变化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ATRO | Astronics CORP | 股票-其他 | 4.02% | -0.60% | -12.08% | |
| 2 | ATEC | Alphatec Holdings Inc | 股票-其他 | 3.53% | -1.87% | EXIT | |
| 3 | XMTR | Xometry Inc-a | 股票-其他 | 3.32% | +1.37% | -0.48% | |
| 4 | AORT | Artivion Inc | 股票-其他 | 3.31% | -2.72% | EXIT | |
| 5 | ALHC | Alignment Healthcare Inc | 股票-其他 | 3.17% | +0.31% | +1.56% | |
| 6 | PAY | Paymentus Holdings Inc-a | 股票-其他 | 2.59% | -1.14% | +1.27% | |
| 7 | IRTC | Irhythm Holdings Inc | 股票-医疗保健 | 2.13% | -0.27% | -8.59% | |
| 8 | UTI | Universal Technical Institut | 股票-其他 | 2.04% | -0.35% | +1.38% | |
| 9 | MIRM | Mirum Pharmaceuticals Inc | 股票-其他 | 2.02% | +0.03% | +1.97% | |
| 10 | MYRG | Myr Group Inc/delaware | 股票-工业 | 2.01% | -0.70% | -19.71% | |
| 11 | AXGN | Axogen Inc | 股票-其他 | 1.82% | +0.06% | — | |
| 12 | STRL | Sterling Infrastructure Inc | 股票-工业 | 1.74% | -0.82% | -9.02% | |
| 13 | ✓ | 股票-其他 | 1.61% | — | +3.15% | ||
| 14 | NVDA | Nvidia CORP | 股票-科技 | 1.61% | -0.23% | -2.80% | |
| 15 | LSCC | Lattice Semiconductor CORP | 股票-科技 | 1.59% | -0.75% | +19.57% | |
| 16 | MAMA | Mama's Creations Inc | 股票-其他 | 1.58% | -0.06% | +54.51% | |
| 17 | WGS | Genedx Holdings CORP | 股票-其他 | 1.57% | — | -25.93% | |
| 18 | FROG | JFrog Ltd. | 股票-科技 | 1.55% | +0.50% | +30.68% | |
| 19 | AAPL | Apple Inc | 股票-科技 | 1.50% | -0.64% | +10.93% | |
| 20 | MTSI | Macom Technology Solutions H | 股票-科技 | 1.49% | -0.81% | -24.15% | |
| 21 | PL | Planet Labs Pbc | 股票-工业 | 1.46% | -0.30% | -40.08% | |
| 22 | MSFT | Microsoft CORP | 股票-科技 | 1.45% | -0.38% | -0.17% | |
| 23 | CCB | Coastal Financial Corp/wa | 股票-其他 | 1.42% | — | +129.99% | |
| 24 | ADMA | Adma Biologics Inc | 股票-医疗保健 | 1.39% | -0.51% | EXIT | |
| 25 | APLD | Applied Digital CORP | 股票-科技 | 1.36% | -0.74% | EXIT | |
| 26 | LINC | Lincoln Educational Services | 股票-其他 | 1.33% | +0.04% | +4.13% | |
| 27 | BROS | Dutch Bros Inc-class A | 股票-周期性消费 | 1.31% | -0.44% | +24.68% | |
| 28 | INOD | Innodata Inc | 股票-其他 | 1.29% | +0.44% | +107.45% | |
| 29 | CRS | Carpenter Technology | 股票-工业 | 1.28% | -0.37% | -9.14% | |
| 30 | COHR | Coherent CORP | 股票-科技 | 1.28% | -1.72% | -3.07% | |
| 31 | KRMN | Karman Holdings Inc | 股票-工业 | 1.18% | -0.56% | +69.41% | |
| 32 | RBC | RBC Bearings Inc | 股票-工业 | 1.14% | +0.06% | -25.13% | |
| 33 | ALM | Almonty Industries Inc | 股票-其他 | 1.14% | -0.38% | — | |
| 34 | AAOI | Applied Optoelectronics Inc | 股票-科技 | 1.13% | -1.58% | — | |
| 35 | ADPT | Adaptive Biotechnologies | 股票-其他 | 1.06% | +0.18% | +77.60% | |
| 36 | PEN | Penumbra Inc | 股票-医疗保健 | 1.03% | — | -7.89% | |
| 37 | SITM | Sitime CORP | 股票-科技 | 0.96% | -0.31% | -36.57% | |
| 38 | WULF | Terawulf Inc | 股票-金融 | 0.94% | -0.73% | EXIT | |
| 39 | KMTS | Kestra Medical Technologies, Ltd. | 股票-其他 | 0.86% | -0.04% | +154.54% | |
| 40 | TMDX | Transmedics Group Inc | 股票-医疗保健 | 0.83% | -0.70% | EXIT | |
| 41 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.82% | -0.38% | +0.03% | |
| 42 | FEIM | Frequency Electronics Inc | 股票-其他 | 0.82% | +0.12% | +200.36% | |
| 43 | CELH | Celsius Holdings Inc | 股票-非周期性消费 | 0.79% | -0.71% | EXIT | |
| 44 | TCMD | Tactile Systems Technology I | 股票-其他 | 0.79% | -0.05% | — | |
| 45 | PKE | Park Aerospace CORP | 股票-其他 | 0.78% | +0.61% | +93.01% | |
| 46 | AEHR | Aehr Test Systems | 股票-其他 | 0.77% | +0.06% | +99.93% | |
| 47 | AVGO | Broadcom Inc | 股票-科技 | 0.76% | -0.10% | -0.19% | |
| 48 | GLBE | Global-E Online Ltd. | 股票-其他 | 0.75% | +0.46% | +38.56% | |
| 49 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.75% | +0.32% | -12.54% | |
| 50 | AAON | Aaon Inc | 股票-工业 | 0.74% | +0.09% | +18.89% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ATEC | Alphatec Holdings Inc | +1.1% | +6.09% | 加仓 |
| 2 | ADMA | Adma Biologics Inc | +1% | +178.28% | 加仓 |
| 3 | CCB | Coastal Financial Corp/wa | +0.8% | +129.99% | 加仓 |
| 4 | MAMA | Mama's Creations Inc | +0.7% | +54.51% | 加仓 |
| 5 | FEIM | Frequency Electronics Inc | +0.6% | +200.36% | 加仓 |
| 6 | FROG | JFrog Ltd. | +0.6% | +30.68% | 加仓 |
| 7 | KMTS | Kestra Medical Technologies, Ltd. | +0.5% | +154.54% | 加仓 |
| 8 | ADPT | Adaptive Biotechnologies | +0.5% | +77.60% | 加仓 |
| 9 | COHR | Coherent CORP | +0.5% | -3.07% | 减仓 |
| 10 | KRMN | Karman Holdings Inc | +0.5% | +69.41% | 加仓 |
| 11 | TMDX | Transmedics Group Inc | +0.4% | +81.17% | 加仓 |
| 12 | PKE | Park Aerospace CORP | +0.4% | +93.01% | 加仓 |
| 13 | BROS | Dutch Bros Inc-class A | +0.4% | +24.68% | 加仓 |
| 14 | LGN | Legence Corp-cl A | +0.4% | +53.15% | 加仓 |
| 15 | APLD | Applied Digital CORP | +0.3% | +30.65% | 加仓 |
| 16 | INOD | Innodata Inc | +0.3% | +107.45% | 加仓 |
| 17 | WULF | Terawulf Inc | +0.3% | +52.89% | 加仓 |
| 18 | OWLT | Owlet Inc | +0.3% | +18.41% | 加仓 |
| 19 | ALHC | Alignment Healthcare Inc | +0.3% | +1.56% | 加仓 |
| 20 | GLBE | Global-E Online Ltd. | +0.2% | +38.56% | 加仓 |
| 21 | ✓ | +0.2% | +3.15% | 加仓 | |
| 22 | LSCC | Lattice Semiconductor CORP | +0.2% | +19.57% | 加仓 |
| 23 | NTSK | Netskope Inc-cl A | +0.2% | +87.12% | 加仓 |
| 24 | AAPL | Apple Inc | +0.2% | +10.93% | 加仓 |
| 25 | AIP | Arteris Inc | +0.2% | -0.39% | 减仓 |
| 26 | SIBN | Si-bone Inc | +0.2% | +508.36% | 加仓 |
| 27 | AEHR | Aehr Test Systems | +0.2% | +99.93% | 加仓 |
| 28 | CRS | Carpenter Technology | +0.1% | -9.14% | 减仓 |
| 29 | OPRX | Optimizerx CORP | +0.1% | +139.85% | 加仓 |
| 30 | XMTR | Xometry Inc-a | +0.1% | -0.48% | 减仓 |
| 31 | HOOD | Robinhood Markets Inc - A | +0.1% | +116.84% | 加仓 |
| 32 | GEV | GE Vernova Inc | +0.1% | +52.59% | 加仓 |
| 33 | MIRM | Mirum Pharmaceuticals Inc | +0.1% | +1.97% | 加仓 |
| 34 | LEU | Centrus Energy Corp-class A | +0.1% | +56.18% | 加仓 |
| 35 | INSM | Insmed Inc | +0.1% | +28.09% | 加仓 |
| 36 | AORT | Artivion Inc | +0.1% | -0.39% | 减仓 |
| 37 | PEN | Penumbra Inc | +0.1% | -7.89% | 减仓 |
| 38 | GOOGL | Alphabet Inc-cl A | +0.1% | -12.54% | 减仓 |
| 39 | EVLV | Evolv Technologies Holdings | +0.1% | +28.65% | 加仓 |
| 40 | MPTI | M-tron Industries Inc | +0.1% | +26.23% | 加仓 |
| 41 | AXON | Axon Enterprise Inc | +0.1% | +72.89% | 加仓 |
| 42 | MDB | Mongodb Inc | +0.1% | -0.03% | 减仓 |
| 43 | ORN | Orion Group Holdings Inc | +0.1% | -0.41% | 减仓 |
| 44 | SARO | Standardaero Inc | +0.1% | +10.10% | 加仓 |
| 45 | WING | Wingstop Inc | +0.1% | +26.92% | 加仓 |
| 46 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | +96.21% | 加仓 |
| 47 | AGYS | Agilysys Inc | 0% | -0.40% | 减仓 |
| 48 | LINC | Lincoln Educational Services | 0% | +4.13% | 加仓 |
| 49 | GS | Goldman Sachs Group Inc | 0% | -0.12% | 减仓 |
| 50 | CAT | Caterpillar Inc | 0% | -0.12% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Next Century Growth Investors LLC 在 Q4 2025 季度的美股持仓总市值约为 US$18.9亿，共申报了 121 个公开持股仓位。
在 Q4 2025 季度，Next Century Growth Investors LLC 按市值排列的前三大核心持股分别为：ATRO (4.0%)、ATEC (3.5%)、XMTR (3.3%)。其中最大持股仓位 ATRO 占据整体投资组合约 4.0% 的权重。
精选 AlphaSMO 大户持股与内部人交易深度分析，提升投资决策胜率
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
本季最大新建仓标的
AXGN
市值: US$2618.0万
本季最大获利了结 / 清仓标的
AGX
前期市值: US$1781.4万
在 Q4 2025 季度中，Next Century Growth Investors LLC 共进行了 141 项持仓异动，包含新建仓 17 个仓位、加仓 50 个仓位、减仓 54 个仓位以及清仓 20 个仓位。 其中最大新建仓标的为 AXGN。 本季清仓仓位包含 AGX。
本页面所有持股数据均直接同步自美国证券交易委员会（SEC）EDGAR 官方系统之 13F-HR / 13F-HR/A 季度申报文件。AlphaSMO 通过机器解析 CUSIP 与个股对照，提供 100% 精准对齐的历史时序数据集，并支持 Schema.org 结构化数据格式。
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深入剖析 5% 股权申报门槛、13D 与 13G 之差异，以及最新 SEC 申报时程规范，洞察机构法人的激进投资动向。